








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Smithfield at 32 Deer Run Trl, Smithfield, RI, 02917 priced at $450,000 pairs $2,627/mo rent with after a $2,203/mo payment. Total monthly income equals $2,627/mo. Return on cash invested is 17.41% in year one, and rental yield stands at 7.01% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 89.87% and total cumulative return in cash reaches $134,058. For financing, Ziffy Mortgage’s DSCR program evaluates $2,627/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02917, Smithfield, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,210 (100%) |
| Owner Occupied HU | 4,016 (77.1%) |
| Renter Occupied HU | 1,003 (19.3%) |
| Vacant Housing Units | 191 ( 3.7%) |
| Median Home Value | $478,603 |
| Average Home Value | $532,500 |
Residential
5,185
Single Family
4,814
Multi-Family
371
Businesses
731
Date | Event | Price |
|---|---|---|
| 2025-03-04 | Listed for sale | $450,000 |
| 2025-03-01 | Listing removed | $475,000 |
| 2025-01-20 | Listed for sale | $475,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-20 | $3328.00 | 5.25% | $230,500 | N/A |
| 2023-03-20 | $3162.00 | 2.70% | $230,500 | N/A |
| 2022-03-20 | $3079.00 | -4.79% | $230,500 | 22.09% |



Listed by: Marianna Cote • Century 21 Limitless PRG
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1379218
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved.